The Pound shed some of the previous day's gains after a survey of the UK economy showed a slowing in activity during May.

May 23,2024

The Pound to Euro exchange rate powered to its highest level since March at 1.1736 after UK inflation fell to 2.3% year-on-year in March, a figure that was higher than the market and the Bank of England were expecting.

May 22,2024

The British Pound "could be in for a negative shock if the Bank of England cuts interest rates at its next two meetings," according to a new analysis.

May 21,2024

The British Pound has rallied against the Euro, Dollar and other G10 currencies as the foreign exchange market engages a classic 'risk on' gear to rising expectations that the Federal Reserve will cut interest rates in September.

May 16,2024

The British Pound firmed following the release of a surprisingly strong UK wage report that will concern policymakers at the Bank of England.

May 14,2024

The British Pound has rallied against the Euro, Dollar and other currencies after UK economic growth rebounded strongly in the first quarter.

May 10,2024

The British Pound fell as an immediate reaction to news another member of the Bank of England's rate-setting committee voted to cut interest rates. However, we expect losses to fade.

May 9,2024

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